KEY TAKEAWAYS
- SafePal integrates Morpho, enhancing DeFi access through its platform.
- The Walletdrop campaign offers exclusive rewards, including limited edition hardware wallets and $MORPHO tokens.
- Users must update their SafePal app and deposit into Morpho vaults to participate in the campaign.
SafePal has announced the integration of the decentralized lending network Morpho into its platform, alongside a new Walletdrop campaign. The campaign, which runs from January 8 to February 7, 2026, offers exclusive benefits to SafePal users, including limited edition hardware wallets and rewards in $MORPHO tokens.
The integration allows users to deposit stablecoins such as USDT and USDC into Morpho Vaults on Ethereum, Base, and Arbitrum networks through the SafePal Earn yield aggregator within the SafePal App. This move aims to enhance the user experience by providing seamless access to decentralized finance (DeFi) opportunities.
Exclusive Campaign Rewards
The Walletdrop campaign features 500 limited edition SafePal x Morpho Co-branded X1 hardware wallets and $5,000 in additional rewards in $MORPHO. The hardware wallets are based on the SafePal X1 model, valued at $69.99 USD, and come with unique perks such as boosted annual percentage yield (APY).
Participants can also win rewards through social media engagement. Every 200 retweets of the campaign post on Twitter will unlock $50 in MORPHO for five winners and two limited edition hardware wallets. Winners will be announced on SafePal’s official English and Chinese Twitter channels.
Participation Details and Eligibility
To participate, users must update their SafePal app to version V4.10.6 and deposit into the Morpho vault via the ‘Earn’ feature. Only deposits made through SafePal’s ‘Earn’ Morpho Vaults are eligible for the campaign.
The campaign includes two reward pools. The first pool offers 450 limited edition hardware wallets, with winners announced weekly. The second pool, for the top 50 stakers, includes a $5,000 MORPHO reward pool and 50 hardware wallets. Eligibility is based on net deposit amounts, with a minimum requirement of 1,000 USDC/USDT for the $MORPHO distribution.
Winners will be notified via in-app push notifications, and rewards will be distributed within five business days after the campaign ends. For more information, users can visit the official SafePal blog.
Why This Matters: Impact, Industry Trends & Expert Insights
SafePal’s integration of the Morpho decentralized lending network and the launch of its Walletdrop campaign marks a significant development in the DeFi space, offering users enhanced access to DeFi opportunities and exclusive rewards.
Recent industry reports indicate that DeFi lending platforms are increasingly integrating AI-driven automation and undercollateralized lending via on-chain identities. This aligns with SafePal’s integration of Morpho, which provides users seamless access to decentralized finance opportunities.
A CoinDesk report highlights that Morpho is recognized as a key infrastructure provider within the tokenized-asset and lending stack. This supports the significance of SafePal’s integration, positioning it as a potential driver of user engagement in the DeFi lending ecosystem.
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